Nicholas Adams

Mr. Adams has extensive experience working on prominent matters in the financial and technology sectors, the energy industry and the telecoms space, as well as on proceedings arising out of shareholder agreements and specialised commercial contracts. Recent examples include acting for:

• a European affiliate of a U.S. energy corporation as claimant in a London-seated ad hoc arbitration in relation to various disputes arising pursuant to a turn-key contract for the construction of a 1,200 MW gas-fired combined cycle power station in Spain
• a member of the Crédit Agricole banking group as claimant in a US$1.675 billion structured finance dispute relating to a series of complex derivative obligations. The dispute involved proceedings in London, Jersey and New York, and was ranked by The Lawyer as one of its top cases
• a shareholder of a major telecommunications company with operations in Eastern Europe as claimant in an M&A and shareholder arbitration, governed by UNCITRAL arbitration rules, with a state-owned Norwegian telecommunications company
• a member of the Renaissance Capital banking group as respondent in defending allegations of financial fraud and contractual breach in excess of US$500 million that involved court and arbitration proceedings in three jurisdictions
• a leading pharmaceutical company as claimant insured in a series of Bermuda Form arbitrations to recover multiple substantial excess of loss tranches from insurers
• one of the largest financial institutions in Europe in connection with the defence of multiple global regulatory investigations into several benchmark rate-setting mechanisms, encompassing a secondment of seven months to the financial institution itself in order to manage various aspects of that defence
• one of the world’s largest financial institutions in respect of the propriety of trading activities within its foreign exchange business, both in London and other jurisdictions globally, in a defence spanning from the inception of the matter through to its current phase of coordinated class action litigations
• a shareholder of a major telecommunications company with operations in the Middle East and Eastern Europe as respondent in a various London-seated LCIA shareholder arbitrations brought by multiple state-owned and private entities, and spanning several years, including related litigation in the British Virgin Islands and England
• a leading European real estate developer in the successful obtaining of extensive injunctive relief, including against third parties
• a major European oil and gas services supplier with regard to regulatory compliance in emerging markets and the conduct of arbitrations governed by LCIA and American Arbitration Association rules
• the trustees of Bermuda trusts with assets of approximately US$20 billion as respondent in the defence of multiple proceedings attacking those trusts, including the largest claim by value ever to come before the Bermuda Supreme Court and extensive related appeals